Posted on: 07 August 2015 by Mark Howells
In a bid to further improve its flight deck and cabin connectivity portfolio, Rockwell Collins has purchased International Communications Group, Inc. (ICG), with the latter’s satellite-based communication products and services due to be integrated into Rockwell’s commercial systems portfolio.
“This acquisition broadens our portfolio of information-enabled avionics by adding ICG’s latest generation of Iridium satcom terminals and smart routers to our existing flight deck and cabin connectivity offerings,” said Kent Statler, EVP and COO of commercial systems for Rockwell Collins. “When coupled with our broad array of network solutions, including our ARINC aviation networks and other satellite communication services, it accelerates our vision of being a leader in end-to-end information management solutions for airlines and business jet operators.”
ICG’s CEO, Scott Trainum, noted, “Bringing ICG into the Rockwell Collins family is the culmination of 20 years of hard work by the dedicated team of professionals at ICG. To be recognised by a company that shares the same commitment to innovation, quality, customer service and employees is a remarkable accomplishment by all of our people.”
The initial purchase price was for US$50 million, but there is also a possible post-closing consideration of up to US$14 million.